The IMF has its own strategy for such cases called “fragile and conflict-affected states”. It was issued in March 2022 and will be implemented until 2025. The summary states that “Supporting fragile and conflict-affected states (FCS) is an important priority for the international policy agenda. FCS are home to nearly […]
India finds itself between the rock and a hard place in its approach to the Sri Lankan crisis. There is no question that the government attributes primacy to Sri Lanka remaining a practising democracy. But the developing situation in that country is going to be a cliff hanger right up […]
War-torn Afghanistan is facing severe challenges. The abrupt evacuation of the US troops, and instant surrender of the Afghan National Army, have not given time for the Taliban to plan for governance. The irony is that while leaving Afghanistan, the US has frozen all assets and damaged the infrastructure of […]
These major countries have pivotal roles to play through the Extended Troika, the SCO, the non-Western alternative financial institutions that they participate in, bilaterally with Afghanistan, and jointly with one another and that war-torn country. China and Russia can help Afghanistan politically, in terms of security, and financially. Chinese President […]
The collapse of the Central Bank of Lebanon following a major state scam plunged the country into an unparalleled economic and financial crisis. The country is now paying for its 76 years of political dependence and 8 years of complete political vacancy. The reality of its situation is very different from the perception of its citizens.
The cycle of underdevelopment, debt bondage, destabilization by dint of so-called “structural reforms”, and military intervention is therefore very difficult for countries to break free from, and Haiti unfortunately has next to no realistic hope to ever do so in the near future.
To those who rewrite the history, fight the monuments and insult the memory of the perished, we have a simple answer: yes, we can re-show it!
Everyone wants to help Ukraine but no one knows exactly how. Time is passing, nothing is changing. All tested methods of international aid suffered a defeat. Consultative, financial and military assistance was tried more than once. Ukraine as a bottomless pit absorbs aid without any substantial effect. According to The […]
Russia’s RIA Novosti News Agency reported, on January 17th, that China is demanding refund of $1.5 billion in cash and of an additional $1.5 billion in Chinese goods that were paid in advance by China (in 2013), for a 2012 Chinese order of grain from Ukraine, which goods still have […]
‘When the rich get richer they get more powerful and that puts them in the position to lobby for policies that make them richer still’– former Clinton advisor Larry Summers. I briefly read the French economist Thomas Piketty’s best seller CAPITALISM IN THE 21st CENTURY. The theme of Picketty’s work […]
Acting Ukrainian Prime Minister Arseniy Yatsenyuk recently announced his resignation from the government amidst parliamentary infighting in the Rada, supposedly over none of the factions wanting to take the fall for the upcoming suicidal IMF stipulations. (His desire to leave off the hook ahead of the coming economic and social […]
The IMF has approved a $17 billion loan to Ukraine. The first $3,2 billion tranche has been received today. It’s essential to identify the conditions attached to this Mafia-style “loan.” Nothing remotely similar to reviving the Ukrainian economy is in play. The scheme is inextricably linked to the IMF’s notorious, […]